Who owes what to whom in Europe


Posted on 24th November, by in Article, Tax. No Comments

Who owes what to whom in Europe

As the Eurozone crisis develops, the BBC News has a look at what country owes what to whom:

Europe is struggling to find a way out of the eurozone crisis amid mounting debts, stalling growth and widespread market jitters. After Greece, Ireland, and Portugal were forced to seek bail-outs, Italy – approaching an unaffordable cost of borrowing – has been the latest focus of concern.

But, with global financial systems so interconnected, this is not just a eurozone problem and the repercussions extend beyond its borders.

Simply click on a country, whose arc length represents how much they owe, and arrows show debt.

Source: BBC





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